Corporate
Directors’ liability for the Company’s debts
The Responsibility of the administrators for the debts of the company (liability for debts) is perfectly consolidated in the Jurisprudence in Spain.
Linking Theory. When is a contract ordinary labor? When is a contract Senior Management? When is it commercial? Evolution in time of crisis.
Theory of the link: Ordinary Labor Contract, Senior Management, Mercantile .... Contracts are not what they say they are, but what they really are.
Director´s Liability for failing to deposit the Annual Accounts (or Financial Statements)
The duties of the administrators in relation to the Annual Accounts are established, among others, in article 34 CCom. The administrative body must prepare the Accounts within the three months…
Between the duty of Loyalty and the duty of Diligence: The desired Directors’ “Space of Immunity”
A brilliant Magistrate (today in the Technical Cabinet of the Supreme Court) affirms that the Responsibility of the Advisors, transits between the "Duty of Loyalty" and the "Duty of Diligence"…
What is a managers duty of loyalty?
The Companies Act imposes a number of obligations on company directors. Among them is the duty of loyalty, regulated in Article 227 LSC.
The duty to abstain due to conflict of interest
If the duty to abstain in the event of a conflict of interest is included, the chairman of the private meeting will correspond to the managing partner of the right…
Essential breach and breach with resolutory significance
Can a contract be terminated for breach of any obligation? Is it necessary to terminate a contract that the breach is serious? Is it necessary for the breach to be…
Is it possible to waive the compensation for clients in the agency contract?
Can you be forced to sign a waiver of client compensation in an agency contract? You should know that the waiver you have possibly signed is null and void. And…
Call Option and Option Contract
Call Option and Option Contract are one and the same thing. The option contract is one of the most common contracts in commercial law.
Acid test or quick ratio
The acid test is linked to the company's ability to meet its payment obligations. A more demanding ratio than general liquidity
